Gasoline sales continue to decline in New Jersey, raising the possibility of another gas-tax hike this fall. The Murphy administration thinks it can be avoided.
New Jersey's gas tax will increase 4.3 cents a gallon on October 1, the state Treasury Department announced. At 41.4 cents, it will be sixth highest in the nation.
This week we got word that gas tax collections have fallen behind expectations in the Garden State, which means the gas tax could be increased by 3 or 4 cents a gallon this fall.
A handful of changes in state law take effect as 2018 begins, including the second phase of tax cuts done in conjunction with last year’s hike of the gas tax.
Gov. Chris Christie’s tour of road projects included a new wrinkle Thursday – noting no lawmakers who voted to hike New Jersey’s gas tax lost their primaries.
The worst-in-the-nation congestion of the New York-New Jersey metropolitan area causes the trucking industry to lose $3 billion a year in the Garden State alone, accounting for nearly 5 percent of congestion costs nationwide.